The Republic of Korea said on June 11 that it has made further progress in fleshing out details for the planned free trade agreement (FTA) with Cambodia, as Seoul seeks to broaden economic ties with Southeast Asian nations and diversify its export portfolio.
President of the Republic of Korea Moon Jae-in (left) and Cambodian Prime Minister Hun Sen. (Photo: Yonhap News)
Hanoi(VNA) – The Republic of Korea said on June 11 that it has made further progressin fleshing out details for the planned free trade agreement (FTA) withCambodia, as Seoul seeks to broaden economic ties with Southeast Asian nationsand diversify its export portfolio.
The RoK plansto hold a public hearing on the envisioned FTA on June 12 by inviting relatedexperts, which is mandatory under the local law before seeking a commercetreaty, according to the Ministry of Trade, Industry and Energy.
In November,the two countries launched a joint feasibility study on their potential FTA inline with the RoK’s summit with ASEAN.
They completedthe study last month and agreed to start domestic procedures to pave the wayfor official talks.
The RoK'sexports to Cambodia reached 696 million USD last year, up 5.5 percent from ayear earlier. Its imports from the Southeast Asian country came to 335 millionUSD, up 6.8 percent year-on-year.
The countrymainly shipped textile materials and used freight trucks to Cambodia andimported finished clothing goods.
ASEANcomprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, thePhilippines, Thailand, Singapore and Vietnam./.
The Ministry of Economy and Finance of the Republic of Korea (RoK) on May 7 urged East Asian nations to step up policy coordination to minimise the economic fallout from the COVID-19 pandemic, reported Yonhap news agency.
Southeast Asia has been defined as the place where the Republic of Korea (RoK)’s financial industry should expand its presence over the next three years to accomplish its plan of becoming an international financial hub in 2022.
Cambodia’s agriculture sector is unlikely to be able to substantially absorb laid-off workers from the garment and tourism industries, according to a World Bank report.
Cambodia is preparing another 12 million USD as assistance for jobless workers as factories remain closed, Cambodian Ministry of Labour and Vocational Training spokesman Heng Sour has said.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
President of the Republic of Korea Moon Jae-in (left) and Cambodian Prime Minister Hun Sen. (Photo: Yonhap News)
